Endowment Gifts
You can leave a legacy to perpetually support the causes you love with an endowment gift. An endowment is a fund you can create now or in the future to achieve the impact you desire. The income earned on your endowment will provide lasting annual support to your charitable causes.
You enjoy several benefits with an endowment gift
- Establish an endowment to benefit the Museum of New Mexico Foundation or one or more of the institutions we support during your lifetime and see the impact each year.
- Benefit from an income tax deduction in the year you make your gift.
- Avoid capital gains tax on an endowment gift of appreciated property.
How an endowment gift works
- You make an initial gift to fund an endowment at the Museum of New Mexico Foundation and designated to one or more of the institutions we support.
- The assets in your endowment are invested to earn income.
- The income is distributed annually to achieve your desired impact.
- You can make additions during your lifetime or supplement your endowment with your estate plan.
Income distributed from your endowment
At the time you create your endowment, you sign an endowment agreement that details the scope and desired impact of your endowment funds. Your funds will generally be invested to produce stable, predictable growth. Each year, a set percentage of your endowed funds will be distributed according to your endowment agreement.
Contact us
If you have any questions about endowment gifts, please contact us. We would be happy to assist you and answer any questions you might have.
Our Mission
The Museum of New Mexico Foundation supports the Museum of New Mexico system, in collaboration with the Museum of New Mexico Board of Regents and the New Mexico Department of Cultural Affairs. The Foundation's principal activities are fund development for exhibitions and education programs, retail and licensing programs, financial management, advocacy and special initiatives.
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